Gawker’s lawyers made a failed attempt to persuade the jury not to increase the penalty on Monday. “$115 million is punishment enough,” said attorney Michael Berry, acknowledging that last week’s verdict was “already financially devasting” to the company.

The company is exploring a number of options to limit the financial damage caused by Hogan’s lawsuit. Gawker hopes that the case will be overturned on appeal and is also pursuing the option of remittitur, which would reduce its overall fine.

Obtaining remittitur will depend on whether Gawker’s lawyers can convince the court that the financial penalty is an excessive punishment. Hogan’s lawyers insist that the blogging company has enough money to pay the wrestler, pointing to Gawker’s parent company, CMGI, which is worth $276 million. Nick Denton, the founder of Gawker, is estimated to be worth $121 million.

However, Gawker’s lawyers say that CMGI is not a party to the case, while Denton’s net worth without his stake in the company is supposedly a mere $3.6 million.